Affected by the earthquake and tsunami, many companies and related industries that must use Japanese-made parts face the problem of stagnation.
"The Nihon Keizai Shimbun" quoted the government's estimates that such a chain effect may bring a loss of 470 billion U.S. dollars to the global economy.
Renesas Electronics, the world’s largest microcontroller supplier, was damaged by the earthquake in its factory in Ibaraki Prefecture and had to shut down the factory.
The report pointed out that if the factory does not resume production before the end of this month, it will also affect the global auto manufacturers, causing losses of up to 6.5 trillion yen (S$96 billion).
Shin-Etsu Chemical's Fukushima Prefecture branch, the world's premier wafer manufacturer, was also damaged by the earthquake and tsunami and forced to close temporarily.
If the factory is still unable to resume operations after six weeks, global semiconductor production losses may be as much as 1.5 trillion yen.
As for the possible losses suffered by the flat-panel TV production industry, it will be as high as 400 billion yen. The losses of other related industries such as electronic machinery, telecommunications, internet, and broadcasting total about 32 trillion yen.
"The Nihon Keizai Shimbun" quoted the government's estimates that such a chain effect may bring a loss of 470 billion U.S. dollars to the global economy.
Renesas Electronics, the world’s largest microcontroller supplier, was damaged by the earthquake in its factory in Ibaraki Prefecture and had to shut down the factory.
The report pointed out that if the factory does not resume production before the end of this month, it will also affect the global auto manufacturers, causing losses of up to 6.5 trillion yen (S$96 billion).
Shin-Etsu Chemical's Fukushima Prefecture branch, the world's premier wafer manufacturer, was also damaged by the earthquake and tsunami and forced to close temporarily.
If the factory is still unable to resume operations after six weeks, global semiconductor production losses may be as much as 1.5 trillion yen.
As for the possible losses suffered by the flat-panel TV production industry, it will be as high as 400 billion yen. The losses of other related industries such as electronic machinery, telecommunications, internet, and broadcasting total about 32 trillion yen.